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After Being Elected to Congress, Donna Shalala Bought and Sold

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After Being Elected to Congress, Donna Shalala Bought and Sold After being elected to Congress, Donna Shalala bought and sold Chinese stocks and then voted against a motion that would prohibit the Export-Import Bank from providing loans supporting the Chinese Government even though the money could be spent on Chinese spying operations and the stealing of intellectual property and technology from the United States. Between March and June 2019, Donna Shalala purchased and sold stock valued between $1,001 and $15,000 in China Mobile Limited, a Chinese state-owned company: • In March 2019, Donna Shalala purchased stock valued between $1,001 and $15,000 in China Mobile Limited. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • In June 2019, Donna Shalala sold stock valued between $1,001 and $15,000 in China Mobile Limited. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • China Mobile Limited is a Chinese company, providing mobile telecommunications services in Mainland China and Hong Kong. “China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others. It also provides wireless Internet service, as well as digital applications comprising music, video, reading, gaming, and animation; wireline broadband services; and wireline voice services. In addition, it offers dedicated line and IDC services to corporate customers in a range of industry sectors; and basic corporate communication products comprising corporate VPMN and SMS, and tailor made solutions. Further, the company provides international telecommunications services, which includes IDD, roaming, Internet, MNC, and value added business services. Additionally, it offers telecommunications network planning, design, and consulting services; roaming clearance, IT system operation, and technology support services; value-added platform development and maintenance services; mobile data, and system integration and development services; network construction and maintenance, network planning and optimizing, and training services; electronic communication products design and sale of related products; and non- banking financial services. It also provides mobile cloud research and development services; call center services; e-payment, e-commerce, and Internet finance services; and mobile Internet digital content services, as well as operates a network and business coordination center. The company serves 950 million mobile customers and 187 million wireline broadband customers. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited.” (Yahoo! Finance, “China Mobile Limited: Profile,” accessed 8/17/20) o As a state-owned company, China Mobile acts along with government policy. “Because it is a large state-owned company, China Mobile acts in step with government policy. In late 2013, it was the first company in China to introduce the TD-LTE fourth-generation mobile communications format, developed mainly by local companies. China Mobile is leading the efforts to promote the standard at home, spending huge sums to set up new base stations and introduce handsets compatible with the 4G service.” (Nikkei Asian Review, “China Mobile Ltd: Company Background,” accessed 8/18/20) In March 2019, Donna Shalala twice invested in the Chinese holding conglomerate Ping An Insurance, valued between $2,002 and $30,000; in June 2019, Shalala sold stock in Ping An Insurance, valued between $1,001 and $15,000: • In March 2019, Shalala invested twice in Ping An Insurance, valued between $2,002 and $30,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • In June 2019, Shalala sold stock in Ping An Insurance, valued between $1,001 and $15,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • Ping An Insurance is a Chinese holding conglomerate. “Ping An Insurance (Group) Company of China, Ltd., is one of the largest financial services companies in the world, with over 200 million retail customers and 574 million Internet users as of June 30, 2019. Ping An focuses on three core financial businesses of insurance, banking and investment. The Group also has fintech and healthtech businesses delivered through companies including Lufax Holding, an online wealth management platform, OneConnect, a fintech service cloud platform for financial institutions and Ping An Good Doctor, a one-stop healthcare ecosystem platform. Ping An provides financial products and services under an integrated financial business model of ‘one customer, multiple products, and one-stop services.’ As China’s first joint stock insurance company, Ping An Group is committed to upholding the highest standards of corporate reporting and corporate governance. The Company is listed on the stock exchanges in Hong Kong and Shanghai, China. Ping An ranked 7th on the Forbes Global 2000 list and 29th on the Fortune Global 500 list.” (Ping An, “Overview,” accessed 8/17/20) o Ping An is headquartered in Shenzhen, China. (Eric Panneflek, “Why Investing in Ping An Insurance Group can be Lucrative,” PGM Capital, 11/26/17) Between February 2019 and June 2019, Donna Shalala purchased and sold stock in AIA Group, a life insurance company based in China: • In February 2019, Shalala purchased stock in AIA Group, valued between $1,001 and $15,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • In April 2019, Shalala partially sold stock in AIA Group, valued between $1,001 and $15,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • In June 2019, Shalala sold stock in AIA Group, valued between $15,001 and $50,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • AIA Group is a life insurance company that operates in China. “AIA Group Ltd. is an investment holding company, which engages in the provision of life insurance. It operates through the following geographical segments: Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India, and a representative office in Myanmar. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in Hong Kong.” (Forbes, “AIA Group,” accessed 8/17/20) Between February 2019 and June 2019, Shalala purchased and sold stock, valued between $1,001 and $15,000, in Baidu, Inc., a Chinese multinational technology company that has a history of committing fraudulent activity, extensive censorship, putting profit before the health of Chinese citizens, and is banned in India: • In February 2019, Donna Shalala purchased stock in Baidu, Inc., valued between $1,001 and $15,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • In June 2019, Donna Shalala sold stock in Baidu, Inc., valued between $1,001 and $15,000. (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) (Clerk of the House of Representatives, Periodic Transaction Report of Donna Shalala, 4/27/20) • Baidu, Inc. is a technology company based in China, providing internet services in China and internationally. “Baidu, Inc. provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos. It also provides Baidu Knows, a question-and-answer community where questions are asked, answered, and organized by users; Baidu Encyclopedia; Baidu Healthcare Wiki; Baidu Wenku; Baidu Scholar; Baidu Experience; Baidu Post Bar, a social media platform; Baidu Maps that offers locations, and intelligent routing and navigation services; Baidu Input Method Editor or Baidu IME, a Chinese-language mobile keyboard; Baijiahao; and DuerOS, a voice assistant platform. In addition, this segment offers online marketing services, which include pay for performance (P4P), an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; other marketing services provides display-based marketing services and other online marketing services based on performance criteria other than cost per click; Apollo, an autonomous driving platform; and
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